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10761 Burbank Blvd

10761 Burbank Blvd, North Hollywood, CA 91601

Listing Price: $1,245,000

Cap Rate
6.36%
Gross SF
3,824
Rentable SF
3,824
Price/Gross SF
$325.58
Lot Size
0.14 acres
Year Built
1955

Investment Overview

10761 Burbank Blvd is a fully occupied mixed use investment opportunity positioned at the corner of Burbank Blvd and Riverton Avenue in the heart of North Hollywood. The property totals 3,824 square feet on a 6,088 square foot lot, featuring a versatile combination of street front retail, six executive office suites, and four studio apartment units. With LAC2 zoning, strong frontage, and flexible month to month tenancy, the asset offers exceptional adaptability for value-add investors seeking long term upside in one of the San Fernando Valley’s most dynamic submarkets.

Built in 1955 and well maintained, the property benefits from a roof replaced approximately seven years ago, six on site parking spaces, and excellent visibility with 55 feet of frontage along Burbank Blvd and 115 feet along Riverton Ave. The site experiences 25,625 vehicles per day along Burbank Blvd and carries a Walk Score of 86, reflecting its highly walkable, amenity rich environment.

The property is currently 100% occupied, with nearly all tenants on month to month leases, providing immediate income stability while allowing a buyer to reposition or re tenant as desired. The existing configuration presents multiple value add pathways, including the potential to expand the residential units, convert the office suites into additional apartments, or modernize the retail component to capture higher market rents. The asset is offered at a 5.26% CAP rate, supported by strong in place income and meaningful operational upside.

Located just minutes from the NoHo Arts District, North Hollywood Metro Station, NoHo West, and Burbank Airport, the property sits within a dense, rapidly growing trade area. Within a one mile radius, the population exceeds 45,900 residents, expanding to 260,852 within three miles and 538,323 within five miles, with average household incomes ranging from $93,550 to $116,092. This combination of density, transit access, and ongoing development has positioned North Hollywood as one of the most desirable and investment friendly neighborhoods in Los Angeles.

Surrounded by major mixed use, multifamily, and transit oriented developments, 10761 Burbank Blvd offers investors a rare opportunity to acquire a flexible, income producing asset with significant repositioning potential in a market experiencing sustained demand from residents, retailers, and creative industry operators.

Investment Highlights

  • Mixed Use Asset featuring retail, six executive offices, and four studio apartments
  • Corner location at Burbank Blvd & Riverton Ave
  • LAC2 Zoning allowing for a wide range of commercial and residential uses
  • 100% Occupied with month to month leases, offering immediate repositioning flexibility
  • Value Add Opportunity with potential to expand residential units or convert offices to apartments
  • Strong Visibility with 55' frontage on Burbank Blvd and 115' on Riverton Ave
  • Located in the rapidly developing NoHo Arts District, surrounded by major multifamily, mixed use, and transit oriented projects
  • Six On Site Parking Spaces (1.57 / 1,000 SF)

Exclusively Listed By

Financing By

Listing Price: $1,245,000

Cap Rate
6.36%
Gross SF
3,824
Rentable SF
3,824
Price/Gross SF
$325.58
Lot Size
0.14 acres
Year Built
1955

Investment Highlights

  • Mixed Use Asset featuring retail, six executive offices, and four studio apartments
  • Corner location at Burbank Blvd & Riverton Ave
  • LAC2 Zoning allowing for a wide range of commercial and residential uses
  • 100% Occupied with month to month leases, offering immediate repositioning flexibility
  • Value Add Opportunity with potential to expand residential units or convert offices to apartments
  • Strong Visibility with 55' frontage on Burbank Blvd and 115' on Riverton Ave
  • Located in the rapidly developing NoHo Arts District, surrounded by major multifamily, mixed use, and transit oriented projects
  • Six On Site Parking Spaces (1.57 / 1,000 SF)

Investment Overview

10761 Burbank Blvd is a fully occupied mixed use investment opportunity positioned at the corner of Burbank Blvd and Riverton Avenue in the heart of North Hollywood. The property totals 3,824 square feet on a 6,088 square foot lot, featuring a versatile combination of street front retail, six executive office suites, and four studio apartment units. With LAC2 zoning, strong frontage, and flexible month to month tenancy, the asset offers exceptional adaptability for value-add investors seeking long term upside in one of the San Fernando Valley’s most dynamic submarkets. Built in 1955 and well maintained, the property benefits from a roof replaced approximately seven years ago, six on site parking spaces, and excellent visibility with 55 feet of frontage along Burbank Blvd and 115 feet along Riverton Ave. The site experiences 25,625 vehicles per day along Burbank Blvd and carries a Walk Score of 86, reflecting its highly walkable, amenity rich environment. The property is currently 100% occupied, with nearly all tenants on month to month leases, providing immediate income stability while allowing a buyer to reposition or re tenant as desired. The existing configuration presents multiple value add pathways, including the potential to expand the residential units, convert the office suites into additional apartments, or modernize the retail component to capture higher market rents. The asset is offered at a 5.26% CAP rate, supported by strong in place income and meaningful operational upside. Located just minutes from the NoHo Arts District, North Hollywood Metro Station, NoHo West, and Burbank Airport, the property sits within a dense, rapidly growing trade area. Within a one mile radius, the population exceeds 45,900 residents, expanding to 260,852 within three miles and 538,323 within five miles, with average household incomes ranging from $93,550 to $116,092. This combination of density, transit access, and ongoing development has positioned North Hollywood as one of the most desirable and investment friendly neighborhoods in Los Angeles. Surrounded by major mixed use, multifamily, and transit oriented developments, 10761 Burbank Blvd offers investors a rare opportunity to acquire a flexible, income producing asset with significant repositioning potential in a market experiencing sustained demand from residents, retailers, and creative industry operators.

Exclusively Listed By

Financing By

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